EXPERIENCE

Industry Expertise

The banking and financial services industry is broad and varied.  It spans from relatively small, focused, private investment companies to a broad group of regional and community banks to giant corporate banking conglomerates.  Our core work experience has been linked to many of the nation’s top financial institutions, including various sized banks, finance companies and leading model vendors.

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Clientele

The Bank group includes:

  • Community Banks
  • Credit Unions
  • Regional Banks
  • FHLBanks
  • GSEs Freddie Mac and Fannie Mae
  • PNC Bank
  • U.S. Bank
  • Wells Fargo
  • JP Morgan Chase
  • State Street Bank and Trust

Finance Companies include:

  • GE Capital
  • Mortgage Insurance companies
  • ResCap (ex GMAC-RFC)
  • Insurance companies holding portfolio risk

Our Focus

Many of the larger institutions are challenged with updating and managing numerous, sometimes competing, risk models and analytical tools within a complex organization.

Our experience with these tools usually focuses on determining asset behavior and valuation through payment expectations.  These include modeling behavior dynamics such as prepayment, default and loss, modeling servicing rights and numerous other analytics.  We have experience with balance sheet management and ALM systems, supported trading, hedging and managing retained portfolio risk.

The mid-sized banks and Credit Unions are numerous and have focused more on risk management as they continue to expand the use of models and improving analytics over time.

Regardless of the size of the institution, we provide advanced model risk management and model development to firms who may be resource constrained.

Our mid-size bank focus includes assisting smaller teams in an expansion capacity – offering our skills to enhance risk analysis, model validation and evaluation. Our team is a natural plug-in solution for specific projects or longer-term efforts to reshape risk management departments.

We also focus on model vendors! However, due to the proprietary nature of all this, we won’t say much. Just that, we have worked with virtually all major analytical vendors and their models. In this capacity, we typically conduct independent model validations and have also directly developed code and models.